Beijing’s heavy hand buffs HK credentials

Beijing has been busy this year, introducing and repealing a circuit breaker, and adding share selling restrictions. The approach puts Hong Kong in a good light.

Hong Kong observers like a bit of navel gazing. There is rarely a shortage of articles bemoaning Chinese government encroachment on the territory’s laws, the apparent obsequiousness of its government to Beijing and a gradual diminishment of its uniqueness, or its lack of dynamism when it comes to embracing change.